Description
The Community Reinvestment Act seeks to ensure that banks and savings associations are meeting the credit needs and development of their entire community, including low- and moderate-income individuals and areas. Generally, institutions are evaluated based on asset size, with “small” institutions being subject to certain requirements, but not as many as larger banks.
CRA: Small Banks provides a 2-hour in-depth review of CRA as it pertains to small banks, including a brief overview of the revised regulations, currently effective January 1, 2026.
During the webinar, we will discuss the following topics:
- Activities that qualify for CRA “credit”
- Small bank lending test
- Community development
- Assessment area delineation
- Importance of performance context
- Record keeping
- Transitioning from a small bank to an ISB
- Overview of the new regulations
Level: The seminar is at a basic/intermediate level.
Prerequisites: Basic understanding of lending.
Audience: This program is intended for:
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- Financial institution compliance and risk executives and officers, as well as any member of the institution where knowledge or understanding of CRA is important or helpful, including loan officers and loan processors.
- Examiners and third-party consultants, auditors, and related companies.
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Materials: Manual and PowerPoint presentation
